Month: January 2011

90% of the people I know who are focused on building business profits think of doing most of the work themselves and the remaining 10% who have addressed leverage do so by hiring employees or virtual resources. None of these options would allow me to achieve the business plan for Tampa Capital Partners.

I am a business coach and consultant. My plan is to continue providing those professional services. They help me continually expand my network of increasingly successful people. “Your network is your net worth” as I have heard many times from JT Foxx is absolutely true.

As my network expands I see the key reasons for businesses success. Those are:

…a focused plan developed with an experienced coach. and

..taking action.

There are more factors however. with those two in place your chances of success are greater than 90%.

Do I have a coach? Absolutely! That is the key action step I took going into 2011 and my mindset has shifted far beyond what I had imagined. JT has 5 coaches, including: George Ross, Jay Abraham and Nido Qubein. Everyone who works with JT, myself included benefits from the coaching he receives because he teaches us what he learns. The sharing of what works is the number one benefit of the being coached when that coach has relevant experience for you.

Leverage Being The Key To Business Profits

I decided to aggressively develop Tampa Capital Partners. I knew I needed resources to do that. I decided to use a pay for performance model since I was not interested in simply paying people for tasks. I intend to develop a team of people who are very success oriented and see the synergy that develops when the pieces and parts come together.

Not long ago I published an article in support of my idea of the Tampa Capital Partners Apprentice Program Just weeks later as a result of networking for team members, there are six people being trained on detailed tasks that are required to build real estate property leads, evaluating deals , submitting offers and closing deals. All of this is progressing while I am often thousands of miles away for 3 or 4 days out of the week.

I am now beginning to coach select clients on how to develop their own apprentice model and soon I will be publishing specific examples of transactional success.

If you already have a business with more than 10 employees, Hire A Consultant who is able to work with you part of the time on-site.

Experience the powerful energy of an amazing business development and networking event. Join me at MEGAPartnering. If you do be sure to register for VIP. If registration is closed, call me and I will help you.

The title of this blog is Build Business Profits. The domain is Steve Reports. I teach students not to do this and yet I often don’t get around to doing what I teach. Now I have a coach and I am being held accountable to taking action that makes sense.

6 out 0f 10 People who were at near $0 business profits in the spring of 2010 are now on track to net more than $1 million in 2011. Quite honestly when I realized what was developing I looked very closely at the characteristics of this group.

The numbers are even more compelling since 2 of the 10 people were making six figures with their business when they started and now are on track to make multiple 7 figures. 80% of this group is on fire with their business performance.

What Are The Key’s To Their Success?

1.Each made a significant investment in coaching . In most cases they have one or more coaches. In all cases I am their primary coach.

2. All follow the directions. This means they follow the advice of their coach. Each has their own style and each implement the professional business coaching advice they receive differently. However, each one implements the program developed with their coach.

3. There is a bias for action meaning they implement and get closure on key action steps.

4. Each measure return on investment of their time.

Are There Any Unique Educational or Work History Attributes?

Candidly everyone is different. Some had college degrees, others did not. Most had experience as an employee, some did not. I am not aware of anyone having come from a family with wealth. The only common denominator was a commitment to taking action on a success plan.

What Are The Primary Steps That Account For Their Success?

Considerable time is spent on developing an appropriate plan for their business success and an action plan for implementation. Then we monitor results and make adjustments.

I would like you to meet my good friend Mike Collier. He is committed to helping people move past limiting beliefs to achieve extraordinary success. Mike’s work has an incredible track record of helping people exceed success goals by persistently taking focused action.

As a subscriber to his free newsletter, I received valuable information that was helping me with my coaching clients. I connected with Mike to share my appreciation. Our friendship has since grown rapidly. We now regularly share ideas on how we can better assist entrepreneurs and business owner grow revenue and profits.

You Are Invited

This is your invitation to experience the wisdom of Mike Collier expressed in his newsletter that is free to subscribers. I highly recommend connecting with Mike begin to “Get Rich Steady”!

In a related article, Apple has issued a directive to all stores that there will be no vacations for three weeks beginning the fourth week of January. I couldn’t be happier with the opportunity to switch from ATT My view is shared with everyone I know who has an iPhone

The Number One Reason This Announcement Is A Big Deal

Everyone that I know including myself loves the iPhone and hates ATT’s service. Apple recognizes this since a big percentage of the volume of calls to their customer service center are because of ATT not resolving customer issues having nothing to do with Apple.

I have previously written detailed article about my experience started trying to work with ATT for a solution. In summary, I have good experience overall across the US and Canada. The area that I use my phone the most which is my home office and surrounding areas is almost impossible for me to use my phone. This area has plenty of towers and ATT reports I should have great service but of course I don’t

This announcement is a huge deal because it demonstrates Apple’s laser beam focus on customer satisfaction and highlights in my view ATT’s mishandling an iPhone market domination opportunity.

I have experience with both Verizon and ATT. Recently I tested another phone with Verizon and I was very pleased with the entire experience including the attention at the Verizon owned store, customer service, billing and phone service. The only reason I didn’t changes was that at the same time I was testing a new phone I read Verizon would be carrying the iPhone and I wanted to wait.

Apple has done a great job of developing strong customer loyalty. I am sure there are people who have given up their iPhone to switch to another service after being worn out by ATT but I don’t know any of them. Everyone I know who has an iPhone wants to keep it. Apple understands what will appeal to the consumer and consistently delivers.

Verizon has been out there focused on offering a very strong cellular network. Every Verizion customer I know is happy with Verizon service and coverage….No Exceptions! My brief experience with the store staff, customer service and tech support was very positive. Verizon is focused on solutions and not excuses.

Verizon and Apple Together Should Be An Outstanding Experience For Consumers

This all makes for an excellent case study on how ATT did not capitalize on a huge opportunity. If they had consistently delivered on quality of coverage and customer care, Verizon would not have a chance. Now Verizon has the opportunity to take huge market share. I betting they will.

If you are a business owner, business executive, an entrepreneur, real estate investor, business owner, network marketer or you work for a company and want to earn more, you must do this one thing.

The Single Most Important Action You Must Consistently Take To Make More Money

A couple months ago I was giving a presentation at a weekend business building seminar and I realized that over 50% of the people I started coaching in the first quarter of 2010 were on track to make well over $1 million in 2011. With one exception, all of these people were starting from near $0 when the coaching began.

The Difference Between Those Succeeding and Those Who Are Not

Those succeeding are continuing to develop those skills, services and products that are valuable in the market. In other words people want to buy what you offer.

I Just Hired A Coach

I am a coach. I have a remarkable track record as a coach and consultant. I guide people on setting their targets for the near and longer term then lead them on the actions that will result in the goals being achieved. I do this very well.

I procrastinate at following all that I see working. So knowing:

If You Keep Doing Things The Same, You Will Keep Getting The Same Results

and having my goals clearly defined, I have been thinking of several people who I know would be good coaches for me. I am very fortunate to be connected with amazing consultants and coaches. I am now happy to let you know these:

1. I recognized I can be better be faster at being better with a coach.

2. An amazing person who is a very notable coach and speaker, mentioned to me in a conversation recently his prosperity goal for 2011. Two days ago we agreed to coach each other and the first call is Friday at 3PM Eastern. Now I am the one who started this idea and he is the one that says ..start coaching me first.

You Benefit The Most

How can you benefit when I am coaching and being coached?

Well I share a lot with you here on my blog. Actually I am not sure if there is anything I have ever held back. However, this is what I know…It is one thing to teach you and it is another thing to show you and hold you accountable.

It Is Always Your Choice

Be on the sidelines and watching the play or being in the game. Call me or email me and let’s discuss working together. All contact information follows.

About: Steve Pohlit CPA,MBA has been the CFO and COO of major domestic and international companies. Steve has extensive business ownership experience having purchased and started off line and on line businesses. Steve offers his business building experience to companies and entrepreneurs with business coaching and business consulting. His focus is on building business profits and net asset value at above average rates. All articles published by Steve unless specifically restricted may be freely published with this resource information.